Dubai, UAE – Property prices in Dubai South are forecast to increase by 15–20% in the coming years, fueled by the rapid expansion of Al Maktoum International Airport. With a projected value of AED 128 billion ($35 billion), the airport makeover is turning the district into a real estate and infrastructure hotspot.
Betterhomes reports that real estate activity—both off-plan and completed property sales—has surged since the expansion went public. Sales reached AED 16.1 billion in 2024, with AED 15 billion already registered in the first five months of 2025, reinforcing a trajectory of sustained growth.
Rental markets in Dubai South are just as bullish: average annual rents rose 20% in 2025, with lead generation up over 20% monthly—capturing attention from developers, investors, and buyers alike.
“Prices have increased by 25% in Dubai South since the airport news emerged, while Downtown only saw 11% gains,” said a Betterhomes analyst.
Residential prices in neighboring areas remain lower—Dubai Industrial City averages AED 750 per sq ft, and Dubai Investment Park averages AED 850, both 60% below Downtown and Business Bay levels. That gap is drawing in value-focused buyers and end-users.
Soon-to-launch projects like the Dubai Metro Blue Line and Etihad Rail connectivity via Al Maktoum Airport promise to further enhance accessibility and lifestyle value in these emerging communities.
Looking back at history, the 2005 opening of Terminal 3 at Dubai International sparked a doubling in apartment prices across areas like Marina and Al Barsha. As the 70 km² airport expansion progresses—with plans for 5 runways, 400 gates, and handling 260 million passengers annually—it is expected to influence real estate, logistics, hospitality, and job creation across Dubai South.
With over 1 million jobs and new housing opportunities anticipated, government contracts (including a recent AED 1 billion runway deal) showcase strong commitment to executing the vision. The aviation sector is projected to contribute over 30% of Dubai’s GDP by 2030, with growth already supporting 329,000 jobs in 2023.
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